We wish that our precise signals could be favorable on your trades. Its an update for NZD/USD, Forecast for PRICE BREAKOUT, SELL on 0.71268 and place your TARGET at 0.70967
Sell below 0.7051. Stop loss at 0.7093. Take profit at 0.7051. Reason for the trading strategy (technically): We prepare to sell when price breaks a major support level at 0.7051 (Fibonacci retracement, Elliott wave theory, horizontal pullback support, bearish divergence) and expect price to make a strong push down to 0.6987 support (Fibonacci retracement,...
I'm noticing the 200sma on the daily chart providing a level of resistance for the NZDUSD. Watch for short setups as long as price can hold beneath the moving average.
Literally missed the Cypher pattern completion by 5 ticks. Nonetheless, this could turn into a double top situation and reach the "technical" draw up or just crawl lower via HL/LH. #FFT
I've been watching for some time now this pair. Although the US Dollar got pounded hard today, NZD hasn't gained much ground on it while other pairs did. This looks to me that the NZD doesn't have strong fundamentals to push it higher. We have multiple wicks here @ 0.6935 which lines up perfectly with our FIB retracement. The rectangle I drew is a order block of...
Sell below 0.6883. Stop loss at 0.6920. Take profit at 0.6826. Reason for the trading strategy (technically): Price has bounced up and reached our profit target perfectly. We prepare to sell below 0.6883 resistance (Fibonacci retracement, Fibonacci extension, horizontal pullback resistance) for a push down to 0.6826 support (Fibonacci extension, horizontal swing...
Buy above 0.6818. Stop loss at 0.6789. Take profit at 0.6874. Reason for the trading strategy (technically): Price reached our buying level and has started to bounce up perfectly. We now remain bullish above 0.6818 support (Fibonacci extension, Elliott wave theory) and look for a bounce towards 0.6874 resistance (Fibonacci retracement, horizontal pullback...
Hi guys, here on the chart you can see 15m timeframe on NZDUSD. This Gartley lines up pretty well with a former structure level that could act as resistance now. Therefore, the likelihood of this trade is increased by that. Stops above X, targets as usual for harmonics. If you have questions, or if you want to share your view, feel free to comment...
Hi guys, here on the chart you can see 15m timeframe on NZDUSD. This Gartley lines up pretty well with a former structure level that could act as resistance now. Therefore, the likelihood of this trade is increased by that. Stops above X, targets as usual for harmonics. If you have questions, or if you want to share your view, feel free to comment...
DAILY DOUBLE TOP FORMATION AND WAITING TO BREAK WEEKLY SUPPORT
Buy above 0.6985. Stop loss at 0.6934. Take profit at 0.7092. Reason for the trading strategy (technically): Price has bounced up perfectly from our buying area once again and is on track to our profit target. We remain bullish above 0.6985 support (Fibonacci retracement, horizontal overlap support) for a further push up to 0.7092 resistance (Fibonacci extension,...
Buy above 0.6985. Stop loss at 0.6934. Take profit at 0.7092. Reason for the trading strategy (technically): Price has bounced up perfectly from our buying area previously and is on track to our profit target. We remain bullish above 0.6985 support (Fibonacci retracement, horizontal overlap support) for a further push up to 0.7092 resistance (Fibonacci...
Daily triple top, break and retest of long term trendline leading to bearish breakdown. Price broke and retested the daily 49 EMA forming LH and continued on its bearish decent. I see this pair going much lower.
Hi guys, this is a trend continuation trade: you can tell this simply by looking at the last price moves. The recent downward movement created a new low in the 4H chart, so we are now setting our mindset in bearish condition for we'd want to hop on the trend as soon as price gives us the opportunity to do so. In this case price has created a double top on the...
Hi guys, this is a trend continuation trade: you can tell this simply by looking at the last price moves. The recent downward movement created a new low in the 4H chart, so we are now setting our mindset in bearish condition for we'd want to hop on the trend as soon as price gives us the opportunity to do so. In this case price has created a double top on the...